Associate - Asset Management

Asana Partners is a retail real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $7 billion of neighborhood assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities.

Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors.

The Associate will support senior execution team members to analyze and execute the asset management strategies for an institutional-quality urban mixed-use property portfolio. The Associate will provide complex analytical support to inform business plan decisions.

Responsibilities

• Provide analytical ownership and supporting oversight of asset management functions, including regional and property strategic planning, leasing strategy, lease negotiations, property operations, portfolio budgeting and forecasting, redevelopment and leasing decision analysis, lease credit underwriting and approval, and hold / sell strategy
• Anticipate the needs of Asset Management leadership and the Execution Team and proactively support business plan execution
• Assist with managing third-party business plan execution teams including leasing, property management, legal, due diligence, valuation, and lender partners
• Support lease negotiations and credit underwriting for retail, office, short-term rental, and multi- family leasing. Partner with Merchandising on leasing strategy and retail merchandising strategy
• Perform tenant credit analysis and research and recommend lease security strategies
• Partner with the Investments Team on underwriting potential acquisitions, post-contract investment due diligence and onboarding, and dispositions
• Lead the quarterly reforecast and valuation projection modeling for the Execution Team
• Collaborate with the Execution Team to evaluate capital improvement projects, deferred maintenance, and new sources of revenue
• Maintain flawless document organization and compliance related to leasing, property management, debt compliance, and REIT compliance
• Partner with the internal Investment Accounting team to ensure the integrity of investment financial reporting and analysis
• Expand expertise in a variety of areas, including Argus Enterprise and other technical platforms, real estate finance, redevelopment and disposition strategy, portfolio management and lease decision strategy, real estate investment underwriting

Requirements

Education

Bachelor's degree in business, finance, accounting, engineering, mathematics, or related field preferred

Travel

Frequent

Asana Partners is an equal opportunity employer and welcomes applications from diverse candidates.

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